1936 Whitley Ave - Apartments FOR SALE


Los Angeles, CA 90068
$3,495,000 USD
707-815-7472
1936 Whitley Ave, Los Angeles, CA for Sale
$3,495,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

1936 Whitley Ave
Los Angeles, CA 90068


HIGHLIGHTS

  • PRIME HOLLYWOOD HILLS INVESTMENT OPPORTUNITY
  • ON-SITE PARKING SECURED ACCESS
  • LOCAL ATTRACTIONS - Minutes from Hollywood Bowl, Griffith Park Observatory, Universal Studios, Hollywood Walk of Fame, Runyon Canyon
  • WELL BALANCED UNIT MIX
  • STRONG IN-PLACE CASH FLOW WITH ~34% UPSIDE IN RENTS
  • WALK SCORE OF 89 - VERY WALKABLE

OVERVIEW

The Boyett Team is delighted to present an exclusive opportunity to purchase 1936 Whitley Avenue, a beautiful thirteen-unit apartment building in World renowned Hollywood Hills. This well-maintained property with a mix of three (3) Studio units, six (6) one-bedroom one-bathroom units, and four (4) two-bedroom two-bathroom units. The property’s close proximity to Hollywood Blvd and the 101 Freeway, positions it within a vibrant community with convenient access to various amenities. The neighborhood boasts a blend of residential charm and urban convenience, making it an attractive location for potential renters. This exclusive offer by The Boyett Team presents a unique chance for investors seeking to capitalize on a robust and steady income stream generated by this property. Possessing both historical charm and modern appeal, 1936 Whitley Avenue stands as a prime investment opportunity within a desirable community.

FOR SALE DETAILS

PRICE

$3,495,000 USD

PRICE/SF

$281 USD /SF

# OF UNITS

13

PRICE/UNIT

$268,846

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1966

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,002 SF

ZONING

R4, Los Angeles

APN/PARCEL ID

5575-005-004

ASK ABOUT THIS PROPERTY

John BoyettCBRE Boyett TeamMore Info
707-815-7472

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John BoyettCBRE Boyett TeamMore Info
707-815-7472

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.